Secure and Fair Enforcement Banking Act

The bill, approved by the House Committee on Financial Services, is a top priority for a marijuana industry largely shut out of mainstream banking. U.S. House Democrats on Thursday advanced legislation to give cannabis businesses greater access to banking, approving protections for financial institutions for the first time in six years of legislative attempts. The […]

A U.S. House committee vote scheduled for Tuesday could advance a bill to get cannabis industry cash off the streets and into bank accounts. Called the Secure and Fair Enforcement Banking Act, the measure would allow banks to service those cannabis companies that comply with state laws. The vote is likely to come on March […]